More crony capitalism, this time via the IRS.
At the end of last year, I blogged about new Internal Revenue Service (IRS) rules that require small-time tax preparers to pay annual fees, take IRS exams, and obtain 15 hours of expensive continuing education. Attorneys and certified public accountants are exempt from the requirements, and big tax firms like H&R Block actually backed the regulation, which will put many of their seasonal competitors out of business.
Where is the outcry from the Left?
January 21st, 2013 at 8:42 am
Since 2003, Paul has several times introduced into Congress proposals to provide tax credits for the cost of health insurance premiums, and to increase the allowable tax deduction for healthcare expenses (by removing the 7.5% deduction limit). He has also advocated expanding the tax benefits of health savings accounts.